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Half of Filipino families think themselves as poor

MANILA, Philippines – A little over half of Filipino families consider themselves “mahirap” or poor but their numbers did not increase as 2008 drew to a close, a new Social Weather Stations Survey (SWS) showed.

December’s self-rated poverty figure of 52 percent, equivalent to about 9.4 million families, was unchanged from September and brought the average for last year to 53 percent, the quarterly survey, made exclusive to BusinessWorld, showed.

The 2008 average was just above 2007’s 50 percent and was basically the same as 2006’s 54 percent, the independent survey research institution said. For the most part of last year, self-rated poverty ranged from 50-52 percent, spiking once to 59 percent in the second quarter.